Tag: points
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Stock indexes gain as Nvidia boost offsets caution on Middle East, Fed events
NEW YORK/MILAN, Aug 27 : MSCI’s global equities gauge rose on Thursday as Nvidia’s bullish outlook boosted tech shares and U.S. Treasury yields edged down before a speech from Federal Reserve Chair Kevin Warsh on Friday, although uncertainty over the Strait of Hormuz sent Brent futures higher.U.S. Treasury y
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Global equity index, bond yields edge up with focus on inflation and Middle East
Aug 26 : MSCI’s global equities gauge barely rose on Wednesday after U.S. inflation data came in hotter than expected while investors waited for results from AI heavyweight Nvidia, and oil prices settled lower after a choppy session.A senior Iranian source said on Wednesday that Iran and Oman are still workin
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Equities rise with tech boost and yields fall with oil prices
NEW YORK/LONDON, Aug 25 : MSCI’s global equities gauge rose on Tuesday as investors awaited economic data and Nvidia’s financial results, while bond yields declined and oil prices fell following a U.S. threat to expand sanctions against Iran.Yields on U.S. 10-year and 30-year bonds were set for a second strai
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Shares dip on pressure from technology; yields and oil fall
NEW YORK/LONDON, Aug 24 : MSCI’s global equities gauge was lower on Monday as weakness in technology stocks offset support from a dip in U.S. Treasury yields and falling oil prices.Investors were waiting for details of threatened U.S. sanctions on Iran with Treasury Secretary Scott Bessent due to hold a press
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Rallying-Toyota’s Pajari takes home win in Finland after Ogier crash
Aug 2 : Toyota’s Sami Pajari secured a home win in Finland on Sunday for his second successive World Rally Championship victory.Two weeks after a breakthrough first career WRC win in Estonia, Pajari and co-driver Marko Salminen finished 26.7 seconds ahead of teammate Oliver Solberg, who was the joint top Sund
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Hyperscaler debt binge pushes yields up as investor demand cools
July 29 : Major U.S. technology companies are borrowing heavily as they ramp up spending on their artificial intelligence buildout, and at steadily higher yields as investors become more selective about absorbing the growing supply.Amazon, Alphabet, Meta Platforms and Oracle issued about $194 billion of bonds
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Chipmakers put pressure on equity indexes globally, oil edges down
NEW YORK/LONDON, July 16 : Tech-heavy equity indexes around the world fell on Thursday as investors offloaded chip stocks, while oil futures gave up earlier gains even as the U.S. and Iran stepped up attacks.Chip stocks fell from Asia to the U.S., as higher-than-expected 77 per cent earnings growth from Taiwa
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Stocks rise after soft US inflation reading with Middle East in focus
NEW YORK/ MILAN, July 15 : MSCI’s global equities index rose on Wednesday after a surprise drop in the U.S. inflation reading and a second day of strong earnings reports while oil futures turned lower even as U.S.-Iran hostilities showed no signs of abating. U.S. producer prices were softer than expected i
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Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities
NEW YORK/LONDON July 14 : Shares were up modestly on Tuesday after softer than expected U.S. inflation data and strong second-quarter earnings from major banks, while oil prices rose for a second day as the U.S. and Iran battled for control of the Strait of Hormuz.The U.S. Consumer Price Index increased by a
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Stocks and oil prices rise with eyes on Iran; yen touches 40-year low vs dollar
LONDON/NEW YORK, June 29 : A global gauge of stock markets rose on Monday as investors tracked the implementation of an interim peace deal between Iran and the U.S., even as oil prices rose after tit-for-tat attacks underscored the risk of escalation. European equities ended flat but Wall Street led gains w
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